Thanks for the thoughtful responses. The bottom line here is what is SUP's plan to monetize the Sachem Cove properties? As you correctly point out, it probably does not include production of uranium and vanadium. That makes sense since the claims have previously been ignored by the few companies with management teams that can actually permit, develop, and operate underground U-V mines.
Both Sachem Cove and SUP are engaging in speculation with respect to these claims. That's fine, but investors should be disabused of the notion that the claims are valuable mining assets that SUP intends to develop into profitable mining operations. Sachem Cove and SUP hope to flip the claims without extracting a single ton of ore.
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SUP - where's the value?, page-8
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Last
14.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $74.50M |
Open | High | Low | Value | Volume |
14.5¢ | 14.5¢ | 14.0¢ | $34.98K | 247.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 14.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.5¢ | 118276 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 0.140 |
5 | 82000 | 0.135 |
4 | 162384 | 0.130 |
7 | 291000 | 0.125 |
7 | 236116 | 0.120 |
Price($) | Vol. | No. |
---|---|---|
0.145 | 103276 | 6 |
0.150 | 45558 | 3 |
0.155 | 595805 | 5 |
0.160 | 300000 | 2 |
0.165 | 50000 | 1 |
Last trade - 15.56pm 18/10/2024 (20 minute delay) ? |
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